US stocks edge higher; Fed policymakers seek to rein in rate cut optimism
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Apple (AAPL) market cap to hit $4 trillion by end of 2024 claims Wedbush analyst
December 20, 2023 8:46 AM ESTApple (NASDAQ: AAPL) will be the first $4 trillion market cap company by the end of 2024. That's according to Wedbush analyst Daniel Ives, who made the claim in a note to clients Wednesday.
Wedbush's view is based on the pace of growth and monetization the firm estimates for Apple over the... More
The Santa Claus rally is real - BofA
December 19, 2023 1:14 PM ESTThe Santa Claus rally is real, according to BofA in a research note Tuesday, with the firm noting the S&P 500 has rallied 3.3% over the first ten sessions of December, which ended on 12/14.
Analyst Stephen Suttmeier provided data backing up the claims in the note, revealing that for all years going back to 1928, the last ten trading days of December are up 72% of the time on an average return of 1.17% (0.95% median).
"In Year 3 of the... More
